Amundi Has $1.79 Million Position in Dycom Industries, Inc. $DY

Amundi reduced its holdings in Dycom Industries, Inc. (NYSE:DY) by 18.7% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 12,118 shares of the construction company’s stock after selling 2,781 shares during the period. Amundi’s holdings in Dycom Industries were worth $1,793,000 as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. KBC Group NV lifted its holdings in Dycom Industries by 18.9% in the first quarter. KBC Group NV now owns 1,443 shares of the construction company’s stock valued at $220,000 after buying an additional 229 shares during the period. SG Americas Securities LLC acquired a new stake in shares of Dycom Industries during the first quarter worth $342,000. Public Employees Retirement System of Ohio grew its stake in shares of Dycom Industries by 105.5% during the fourth quarter. Public Employees Retirement System of Ohio now owns 1,114 shares of the construction company’s stock worth $194,000 after purchasing an additional 572 shares during the period. Federated Hermes Inc. grew its stake in shares of Dycom Industries by 27.1% during the first quarter. Federated Hermes Inc. now owns 492 shares of the construction company’s stock worth $75,000 after purchasing an additional 105 shares during the period. Finally, Cetera Investment Advisers acquired a new stake in shares of Dycom Industries during the first quarter worth $387,000. 98.33% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on the company. Zacks Research raised Dycom Industries to a “hold” rating in a research note on Monday, August 11th. B. Riley lifted their price objective on Dycom Industries from $200.00 to $265.00 and gave the stock a “buy” rating in a research note on Friday, May 23rd. UBS Group lifted their target price on Dycom Industries from $288.00 to $296.00 and gave the stock a “buy” rating in a report on Thursday, August 21st. Wells Fargo & Company lifted their target price on Dycom Industries from $250.00 to $295.00 and gave the stock an “overweight” rating in a report on Monday, August 18th. Finally, KeyCorp lifted their target price on Dycom Industries from $255.00 to $295.00 and gave the stock an “overweight” rating in a report on Wednesday, July 16th. One analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average price target of $289.43.

Dycom Industries Stock Performance

Shares of Dycom Industries stock opened at $258.44 on Friday. The firm has a market cap of $7.48 billion, a price-to-earnings ratio of 29.04, a price-to-earnings-growth ratio of 1.25 and a beta of 1.18. The stock’s 50-day moving average is $260.17 and its 200-day moving average is $212.49. Dycom Industries, Inc. has a one year low of $131.37 and a one year high of $285.64. The company has a debt-to-equity ratio of 0.74, a current ratio of 3.16 and a quick ratio of 2.96.

Dycom Industries (NYSE:DY) last issued its quarterly earnings results on Wednesday, August 20th. The construction company reported $3.33 EPS for the quarter, beating analysts’ consensus estimates of $2.92 by $0.41. The company had revenue of $1.38 billion for the quarter, compared to analyst estimates of $1.41 billion. Dycom Industries had a return on equity of 21.17% and a net margin of 5.23%.The company’s quarterly revenue was up 14.5% compared to the same quarter last year. During the same period in the previous year, the company posted $2.46 earnings per share. Dycom Industries has set its FY 2026 guidance at EPS. Q3 2026 guidance at 3.030-3.36 EPS. Equities analysts predict that Dycom Industries, Inc. will post 7.13 earnings per share for the current fiscal year.

Dycom Industries Company Profile

Dycom Industries, Inc provides specialty contracting services to the telecommunications infrastructure and utility industries in the United States. The company offers engineering services to telecommunications providers, including the planning and design of aerial, underground, and buried fiber optic, copper, and coaxial cable systems; wireless networks in connection with the deployment of macro cell and new small cell sites; and program and project management and inspection personnel.